Press release
Organic Personal Care Products Market: Changing lifestyle, the rising awareness, and availability of a wide range of products are key factors contributing to the market’s growth
The report analysts use industry-standard tools such as SWOT analysis and Porter’s five force analysis to evaluate the strengths, opportunities, threats, and weaknesses of the global organic personal care products market. Key companies and their developmental trends are also highlighted in the report. For a detailed competitive analysis, the global market is divided into segments and sub-segments.
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Organic Personal Care Products Market: Trends and Opportunities
The global organic personal care products market is expected to reach US$15,693.7 mn by 2020, predicted to exhibit a 9.30% CAGR from 2014 to 2020. The rising awareness of organic products, the changing lifestyles, and the availability of a wide range of products are some of the factors, which can be credited for the success of the global organic personal care products market. Factors such as the rising concerns for the safety of the skin, hair, and overall health and the rising green consciousness are expected to benefit the global market.
Among all available organic personal care products, the demand for skin care products is the highest in all emerging nations. The rising number of distribution channels and the entry of new manufacturers are predicted to propel the skin care products segment. Governments of many nations are supporting key manufacturers to introduce new organic personal care products, which is a boon for the global market. However, factors such as short life span, expensive product line, and the availability of alternative products are expected to hamper the global market for organic personal care products.
Organic Personal Care Products Market: Region-wise Outlook
The global organic personal care products market is regionally divided into North America Asia Pacific, Europe, and Rest of the World. Key manufacturers are focusing on manufacturing eco-friendly personal care products to support global warming. In 2013, North America dominated the global organic personal care products market. The rising awareness about various organic personal care products in emerging nations across North America is predicted to boost this market. Based on demand, Europe is predicted to be the second fastest growing market for organic personal care products. In Asia Pacific, Japan leads the demand for organic personal care products and is likely to register considerable growth throughout the forecast period.
Key Players mentioned in the Report:
Key companies operating in the global organic personal care products market are investing more on introducing new products as per the needs of the buyers. The demand for customized personal care products is expected to increase in the years to come. The rising variety of skin care products, cosmetic products, and hair care products is predicted to benefit the global market.
Some of the leading manufacturers of organic personal care products are NaTrue and Cosmos. Organic products such as hair colors, shampoos, hair conditioners, toothpastes, mouthwashes, and other cosmetics have gone through many changes. Most of the organic products are now manufactured without synthetic chemicals, which make them safe to use.
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